Zambeef Products PLC (LON:ZAM)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0 ($0.00) and traded as high as GBX 9.20 ($0.12). Zambeef Products shares last traded at GBX 9.18 ($0.12), with a volume of 15,465 shares.
The business has a 50-day simple moving average of GBX 8.04. The company has a current ratio of 1.36, a quick ratio of 0.17 and a debt-to-equity ratio of 27.57.
In related news, insider Frank Braeken sold 100,000 shares of the company’s stock in a transaction on Wednesday, June 23rd. The shares were sold at an average price of GBX 8 ($0.10), for a total transaction of £8,000 ($10,452.05).
Zambeef Products PLC, together with its subsidiaries, engages in the agri-businesses in Zambia, West Africa, and internationally. The company engages in the production, processing, distribution, and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. It is also involved in row cropping operations primarily maize, soya beans, and wheat with approximately 7,787 hectares of row crops under irrigation and 8,694 hectares of rain-fed/dry-land crops; and palm tree plantation activities.
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